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Kidman Resources Ltd (KDR.AX)

KDR.AX on Australia Stock Exchange

28 Apr 2017
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$0.01 (+2.86%)
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Latest Key Developments (Source: Significant Developments)

Marindi Metals updates on proceedings against Kidman Resources
Tuesday, 18 Apr 2017 07:31pm EDT 

April 19 (Reuters) - Marindi Metals Ltd :Provides the following update regarding the company’s proceedings against Kidman Resources Ltd.Court-Supervised mediation commenced on 18 April 2017 and has been adjourned.A date for further mediation discussions has not yet been set.in absence of a resolution through mediation, matter remains listed for trial in supreme court of Western Australia commencing 29 may 2017.  Full Article

Kidman Resources updates on sale of Burbanks mine
Sunday, 5 Mar 2017 09:30pm EST 

Kidman Resources Ltd : Co and Resources & Energy have been continuing discussions in relation to proposed sale of Burbanks Mine .Transaction is unlikely to proceed under original terms; co is continuing discussions along with other interested parties.  Full Article

Kidman Resources enters notice of appearance in proceedings commenced by MZN in Western Australian Supreme Court
Sunday, 20 Nov 2016 10:43pm EST 

Kidman Resources Ltd : "Remains of the view that MZN’s actions have been opportunistic"; intends to vigorously defend any claims by MZN . Says has not yet been formally served with writ of summons by Marindi Metals despite announcements by MZN that it was commencing legal proceedings . Entered a notice of appearance in proceedings commenced by mzn in Western Australian Supreme Court .Entered a notice of appearance in the proceedings even though MZN has not validly served writ of summons.  Full Article

Kidman Resources updates on Marindi Metal Ltd
Tuesday, 15 Nov 2016 05:33pm EST 

Kidman Resources Ltd : Kidman resources - confirms that it does not have, nor has it ever had, binding agreement with marindi to sell lithium rights at mt holland . Kidman resources ltd- no writ of summons or other documentation relating to any legal proceedings has been served on kidman to date . Kidman resources-"intends to vigorously defend proceedings if writ of summons is served, will continue to update market in relation to this matter" . Kidman resources - has correspondence from legal representatives for marindi metals stating legal proceedings have been commenced against co .Kidman resources- basis for legal proceedings is allegation that kidman and marindi formed binding agreement to sell lithium rights applying to mt holland project.  Full Article

Kidman Resources signs lithium processing MOU with Poseidon Nickel
Tuesday, 26 Jul 2016 06:55pm EDT 

Kidman Resources Ltd : Kidman signs lithium processing mou . Mou with Poseidon Nickel . Proposed transaction is to evaluate possibility of processing lithium at poseidon's lake johnston processing facility . Mou enabling Kidman to use Poseidon'S 1.5 mtpa Lake Johnston concentrator to process lithium ore from the Mt Holland project in wa . Mou provides for Kidman to explore opportunities to either toll treat Mt Holland lithium or for a conventional off take deal .  Full Article

Kidman Resources set to resume production at Burbanks gold mine
Tuesday, 28 Jun 2016 11:43pm EDT 

Kidman Resources Ltd :Production set to resume at Burbanks gold mine in WA.  Full Article

Kidman Resources acquires remaining 20 pct interest in Burbanks and Gunga
Tuesday, 26 Jan 2016 04:39pm EST 

Kidman Resources:Kidman acquires remaining 20 pct interest in Burbanks and Gunga.Deal for total consideration for the acquisition is $1.5 million.Company expects to announce a new contractor shortly for an orderly handover.  Full Article

Kidman Resources agrees to acquire 1moz mt Holland gold field in WA
Saturday, 19 Dec 2015 05:57pm EST 

Kidman Resources:Kidman agrees to acquire 1moz Mt Holland gold field in WA\.Says deal for $3.5 million.Non-binding heads of agreement provides that Kidman shall have the exclusive right to deal with the vendor until 29 February 2016.  Full Article

Kidman Resources Limited completes acquisition
Sunday, 17 May 2015 06:30pm EDT 

Kidman Resources Limited:Advises that it has now completed the acquisition of its 80 pct interest in the Burbanks gold mine, located near Coolgardie in WA, from private interests following the consideration payment of $3 million and injection of $2.4 million in working capital into the joint venture.  Full Article

Kidman Resources starts drilling at Burbanks
Tuesday, 12 May 2015 06:48pm EDT 

Kidman Resources Ltd:Advises that drilling is starting this week at its recently-acquired Burbanks gold mine near Coolgardie in WA in the next step of the company’s strategy to start production in the coming quarter.Says the drilling will involve a series of RC holes in the existing christmas open pit to target known mineralisation.Says the results will be used to calculate a JORC-compliant Resource and Mining Reserve.  Full Article

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